465 sqft | 1 bed | 1 bath | #A11814625
Description
his 1-bedroom, 1-bathroom apartment is located on the 3rd floor and offers an exceptional investment opportunity with strong returns and low overhead.
?? High CAP rate of 18%, with Airbnb and short-term rentals now approved
?? Currently rented for $1,816/month through Section 8, ensuring immediate cash flow
?? Low HOA fees – only $204.28/month
?? Newer roof – only 3 years old
?? Strategically located near Brickell, Downtown Miami, Wynwood, and South Beach
?? Situated in one of Miami’s fastest-growing neighborhoods
Ideal for cash buyers looking for turnkey rental income with future appreciation potential.
Property Details
- InteriorInterior Hall, Third Floor Entry
- SubdivisionRIVER LOFTS CONDO
- CountyMiami-Dade County
- Property SubtypeCondominium
- Parking TypeOn Street
- MLS #A11814625
- MLS #A11814625
- Property TypePurchase
- Cost143000
- Structure TypeCondo
- Year Built1930
- Square Feet465
- Hoa Fees200
- Bedrooms1
- Bathrooms1
- Full Baths1
- Stories3
Location
Legal
MIAMI ASSOCIATION OF REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Marjo Realty Co. may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS.
Last Updated: . Source: MAOR
Listing Courtesy
Listing Agent: Carolina Montoya (#3348109)
Listing Office: Xcellence Realty (#XCEL01)
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